Advancing Entrepreneurship in the United Arab Emirates Start-up Chal
Reflecting increasing investment in entrepreneurship in the United Arab Emirates (UAE), this new book offers extensive coverage of the factors that enable Emiratis to start and grow a business. Exploring the challenges faced by local start-ups, this book
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ADVANCING ENTREPRENEURSHIP IN THE UNITED ARAB EMIRATES Start-Up Challenges and Opportunities
Advancing Entrepreneurship in the United Arab Emirates
Wasif A. Minhas
Advancing Entrepreneurship in the United Arab Emirates Start-up Challenges and Opportunities
Wasif A. Minhas Higher Colleges of Technology Sharjah, United Arab Emirates
ISBN 978-3-319-76435-1 ISBN 978-3-319-76436-8 (eBook) https://doi.org/10.1007/978-3-319-76436-8 Library of Congress Control Number: 2018936327 © The Editor(s) (if applicable) and The Author(s) 2018 This work is subject to copyright. All rights are solely and exclusively licensed by the Publisher, whether the whole or part of the material is concerned, specifically the rights of translation, reprinting, reuse of illustrations, recitation, broadcasting, reproduction on microfilms or in any other physical way, and transmission or information storage and retrieval, electronic adaptation, computer software, or by similar or dissimilar methodology now known or hereafter developed. The use of general descriptive names, registered names, trademarks, service marks, etc. in this publication does not imply, even in the absence of a specific statement, that such names are exempt from the relevant protective laws and regulations and therefore free for general use. The publisher, the authors and the editors are safe to assume that the advice and information in this book are believed to be true and accurate at the date of publication. Neither the publisher nor the authors or the editors give a warranty, express or implied, with respect to the material contained herein or for any errors or omissions that may have been made. The publisher remains neutral with regard to jurisdictional claims in published maps and institutional affiliations. Printed on acid-free paper This Palgrave Macmillan imprint is published by the registered company Springer International Publishing AG part of Springer Nature. The registered company address is: Gewerbestrasse 11, 6330 Cham, Switzerland
To the United Arab Emirates. Jewel of the Middle East and an example to all young Countries.
Foreword
I am honored and humbled to write this foreword for a book that delves into a topic which is close to my area of research interest— “Entrepreneurship”. The topic is of particular relevance to the United Arab Emirates (UAE) because of a paradigm shift in the growth curve of this nation in the past decades. The outlook of the local Emirati population has undergone a remarkable transformation from the families of the pearl divers to oil exporters to an ambitious, well-educated, innovative young generation who are ready to march ahead on their own. The global crisis of 2008–2009, resulting in widespread unemployment and unprecedented levels of job loss, provided me with an opportunity to explore the entrepreneurship intentions among the youth of UAE. Almost a decade back, I started carrying out primary research among Emirati youth who had undertaken Business Studies in their undergraduate programs. It was amazing to witness
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